The PMSA is a special savings account designed to encourage micro to small businesses to save daily towards growing their businesses or meeting personal financial commitments such as paying wards’ school fees, acquiring household items or investing for the future.
The account includes a loan package aimed at providing the account holder with a convenient, flexible and affordable means of securing a credit facility.
Features/Benefits
- Low initial deposit
- Free cash collection services at your doorstep
- Free Transaction Notification Services (alertWise)
- No monthly account maintenance charges
- Competitive interest earned on account balance
- High-yielding Fixed Deposit Investment available
- Account balance can be used as security for loans
- Flexible repayment schedule (Daily or Weekly) for loans
- ATM card available on request